Fixed annuities, also referred to as multi-year guaranteed annuities (MYGAs), along with other names, are insurance products that earn a fixed rate of interest after a single premium payment.
Ohio State Life offers a suite of MYGAs powered by their product innovation partner, NexAnnuity. Their Nex MYGA products are offered with a range of guarantee period options that, along with other flexible features and available riders, can be tailored to meet your specific needs.
Ohio State Life entered the fixed annuity market by storm. They have some of the best MYGA rates on the market, and their commission is the highest out of any carrier we currently offer.
The Ohio State Life Insurance Company is a legacy American insurance business established in 1906. Today, Ohio State Life works with product innovation partners like NexAnnuity to deliver unique annuity offerings.
As a result, Ohio State Life annuity products are powered by the skills and sophistication of a multibillion-dollar global investment platform.
If you don’t select the rider, death benefit options include:
Ohio State Life Product Availability
Nex MYGAs are single premium deferred annuity products offered by Ohio State Life in 3-, 5-, 7-, and 10-year guarantee period options.
The Nex MYGAs offer the following benefits:
Annuity sales are a huge opportunity for independent agents in the senior market. If you want to learn how to sell annuities to seniors, you've come to the right place!
Check out our complete guide here: The Ultimate Guide to Selling Annuities In the Senior Market
Also, check out this video from annuity all-star, Michael Sams: